What happens to money orders after they are cashed?

What happens to money orders after they are cashed?

For example, Western Union charges $15 to replace a money order. And it can take a month or longer for the issuer to process your claim. If the money order was cashed, you may still be able to get your money back, but you’ll generally have to involve the police.

Where do money orders get cashed?

Money orders are cashed for the exact amount on the order. You can cash a USPS money order at a Post Office for free. You can also cash them at most banks and some stores. Rural carriers may cash money orders if they have enough money on hand.

Can a money order be tracked after cashed?

You can track a MoneyGram money order by filling out the online form or by calling 1-800-542-3590. You’ll need to provide the money order amount and serial number. If the money order has been cashed, you can receive a photocopy of the cashed money order by visiting a participating MoneyGram retail location.

Can money orders be refunded?

If the money order has been cashed, the issuer will not replace it or refund the purchase amount. But if the money order goes missing, you have a good chance of getting your money back—minus a fee and a few weeks’ delay—as long as it hasn’t been cashed.

What can I do if my money order was stolen and cashed?

Pick Up Your Refund If your money order was stolen or lost, and not yet cashed when the issuer concludes the investigation process, a refund is issued. The USPS allows for picking up a refund, in the form of a postal money order you can address to yourself and cash immediately, at any post office.

What can you do with an unused money order?

If the money order is not altered and in good condition, you may try to cash the money order at your bank or a check cashing store. Once you are with a teller, write the following phrase: “Not Used for Purpose Intended” on the back of the money order.

Can you get a refund on a money order from the post office?

USPS does not offer direct refunds for their money orders. Money Orders are not eligible for a refund. However, if a money order is spoiled or damaged, you can request a replacement money order, write your name as the recipient, and then cash the money order.

How do I cash a money order made out to someone else?

You cannot cash or deposit a money order that is made out to someone else unless the original recipient signs it over to you, and vice versa. To sign a money order over to another person, you need to sign your name on the endorsement line and write “Pay to [Name of person]” beneath your signature.

Can money order be cashed by someone else?

To cash a money order, you’ll need to first endorse it by signing your name on the back. If you don’t have any ID, you can endorse the money order to someone else, like a sibling or friend, who does have an ID. Then they can cash it for you.